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Showing 41 - 50 of 3774 results for "Accounts"

Selfwealth shareholders resoundingly greenlight takeover proposal

ANDREW MCKEAN  |  WEDNESDAY, 23 APR 2025
... investment in Selfwealth as its current earnings are significantly linked to receipt of interest on customer cash in trading accounts, and the current period of cyclical upswing in interest rates is unlikely to continue indefinitely. "Scale is increasingly ...

Insignia Financial trims $5bn off FUM

JAMIE WILLIAMSON  |  WEDNESDAY, 23 APR 2025
... the asset management unit's FUM decreased by 1.2%. While net inflows were positive, particularly driven by the managed accounts offering, it was fixed income that saw outflows here. "Institutional net flows can be volatile quarter on quarter, particularly ...

Advisers seek investment philosophy, performance in managed accounts provider

KARREN VERGARA  |  WEDNESDAY, 23 APR 2025
... Investment philosophy and portfolio performance are the main reasons why financial advisers have chosen their managed accounts provider, new research from Zenith Investment Partners show. The Unlocking Advice Efficiencies in 2025 report found that half ...

Corporate fund selects Mercer Super for SFT

JAMIE WILLIAMSON  |  TUESDAY, 22 APR 2025
... than 20 years. APRA data shows that, as at December end, the fund had total assets of $676 million. It has 1690 member accounts, about 720 of which are active. The median account balance is about $200,000. The fund was also home to 32 defined benefit ...

Equity Story to buy advisory firm Baker Young

ANDREW MCKEAN  |  TUESDAY, 22 APR 2025
... attracting more advisors as the group expands. The transaction will see Equity Story absorb Baker Young's 6000 client accounts and $700 million in funds under management, including $180 million in managed discretionary accounts. The Baker Young brand ...

Div 296 must proceed to strengthen 'fairness' in superannuation: ASFA

MATTHEW WAI  |  THURSDAY, 17 APR 2025
... body also advised the government to protect super entitlement in case of insolvencies, enabling contributions to pension accounts, and banning the use of adverse genetic testing results in life insurance through the paper. "This federal election ASFA ...

IAM to bring managed account with syndicated loan access to market

MATTHEW WAI  |  WEDNESDAY, 16 APR 2025
... corporate debt, reducing concentration risk while maintaining attractive yields. "Unlike traditional funds, our managed accounts give investors complete transparency and control, with direct ownership of each underlying asset," Hayes said. "This structure ...

NGS Super to launch lifetime income product

MATTHEW WAI  |  TUESDAY, 15 APR 2025
... Commonwealth Superannuation Corporation and TelstraSuper on similar products. In December, Challenger took over the member accounts invested in Active Super's Guaranteed Income offering after it was determined moving to Vision Super under the merger ...

GESB expands leadership team

JAMIE WILLIAMSON  |  MONDAY, 14 APR 2025
... non-WA public sector employers, benefitting the 250,000 current and former public sector workers who have superannuation accounts with GESB; as well as ensuring the continued delivery of competitive member outcomes and high-quality services to stakeholders," ...

AustralianSuper says cyberattack losses total $750k

ELIZA BAVIN  |  MONDAY, 14 APR 2025
AustralianSuper has confirmed of the 600 members who had their accounts accessed in the cyberattack earlier this month, 10 suffered a financial loss totalling $750,000. "Our investigation into this criminal act found a total of 10 members had a combined ...